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Physis Capital Reaches First Close of $7 Million for $50 Million Fund in India
The fund is looking to build a portfolio of 15-20 startups with an average ticket size of $2.5 million.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- startups
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DFC Commits $49.5 Million to Help Genus Power Expand Smart Meter Program in India
This initiative is expected to optimize and improve grid efficiency in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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First Project Under IFC’s Global Food Security Platform to Tackle Food Insecurity in Bangladesh, Improve Farmers’ Livelihoods
IFC is providing up to $35 million to Tanveer Food Limited (TFL) to help ensure food security and improve the incomes of more than 123,000 smallholder farmers.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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AWS to Invest $12.7 Billion in India
Amazon plans to invest $12.7 billion into its cloud business in India by 2030.
- Categories
- Energy, Technology, Telecommunications
- Region
- Asia Pacific
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Amazon Lays Off 500 Employees in India Across Functions
The Seattle-based technology giant is letting go of at least 500 employees in India, and the process is ongoing, they said.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- corporations, employment, failure
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ZestMoney Founders Resign as Goldman Sachs-Backed Fintech Struggles to Raise Funds
Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- corporations, employment, failure, fintech
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Kerala to Open 210 Skill Development Centres for School Dropouts
Kerala education department and Samagra Shiksha Kerala are launching these under the World Bank-supported STARS programme.
- Categories
- Education
- Region
- Asia Pacific
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Xiaomi India Joins United Way India to Empower Rural Communities With Sustainable Energy
The primary objective is to equip these villages with reliable, sustainable energy through solar photovoltaic (Solar PV) Infrastructure.
- Region
- Asia Pacific